H&E Equipment Services, Baton Rouge, La., has commenced a cash tender offer and consent solicitation for any and all of its $250 million of 8 3/8 percent senior notes due 2016. The offer will expire at 11:59 p.m., New York City time, on Aug. 31, 2012, unless extended. In conjunction with the offer, the company is soliciting consents to eliminate substantially all of the restrictive covenants and certain events of default and related provisions contained in the indenture governing the notes. The company expects to fund the offer with proceeds of a new senior notes offering and availability under its credit facility. |